Telecom operator Bharti Airtel, on Thursday, posted a internet revenue of Rs 1,612 crore for the primary quarter ended June 2023, which is almost flat over earnings in the identical interval of the earlier yr.
The income for the just-ended quarter was 14 per cent greater at Rs 37,440 crore in comparison with the year-ago interval “backed by sturdy and constant efficiency supply throughout the portfolio”, the corporate mentioned.
“We have now delivered one more quarter of sturdy and aggressive development throughout all our companies…Our deal with successful high quality prospects and driving premiumisation has helped us add 5.6 million new 4G prospects and the very best ever postpaid prospects in anyone quarter,” managing director Gopal Vittal mentioned in a press release.
Cellular companies India revenues have been up 12.4 per cent yr on yr led by continued sturdy 4G buyer additions and a rise in Common Income Per Person (ARPU).
The consolidated internet earnings (after distinctive gadgets) stood at Rs 1,612 crore, up by 0.3 per cent over the corresponding interval of the earlier yr. The consolidated internet earnings (earlier than distinctive gadgets) stood at Rs 2,902 crore, up by 91.3 per cent yr on yr.
The corporate mentioned that Cellular ARPU (a key metric for telecom operators) elevated to Rs 200 within the first quarter of FY24 in opposition to Rs 183 in April-June FY23.
